You might recall some reports earlier this year of dealers accepting down payments on the new Camaro after the concept debuted. Those dealers were "asked" by GM to remove such a program and return any money that had been received. The reason stated at the time was that the Camaro hadn't been given the green light as of yet, hence it was irresponsible to sell a car that might not even be produced.

Well, now that the prospect of the General not building the Camaro has been debunked, it's open season and the first to take advantage is Lyons, Illinois car dealer Jack Phelan.

The enterprising salesman has posted an auction on eBay to allow pre-purchase of the first Camaro to arrive at his dealership. However, since a retail price has yet to be announced, the bidding isn't for the cost of the car per se, but the markup of the MSRP.

Starting bid is at $5,000 with a "Buy It Now" price of $20-large. Irresponsible profiteering or the free market at work? You decided in comments.